Open tenderClosing in 3 days

Insurance Procurement

Details

Buyer: Local Space
Value: £700,000
Topic: Financial and insurance services
Published: 16 October 2026
Submission: 13 November 2026in 3 days
Source: uk:find_a_tender

Tender description

Local Space Limited is seeking Tenders for the provision of corporate insurance cover and associated insurance services. The procurement comprises the following Lots: Lot 1: Property Stock Insurance Lot 2: Combined Liability Insurance, comprising employers' liability, public liability, products liability and associated liability risks as specified in the associated tender documents. Tenderers may tender for one or both Lots. Each Lot will be evaluated and awarded separately. Local Space Limited reserves the right to award the Lots to the same or different Tenderers in accordance with the published award criteria. The Contract will have an initial term of three years, commencing on 9 February 2027, with the option for Local Space Limited to extend the Contract by up to two further periods of one year each. The maximum potential Contract term is therefore five years. The requirements, scope of cover, limits, excesses, service standards, claims handling requirements, Conditions of Participation, pricing requirements and award criteria are set out in the associated tender documents.

Timeline

Completed: Tender published16 October 2026
Current notice
Next: Submission date13 November 2026in 3 days

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About the buyer

Local Space is a charitable registered society that buys as a London housing association. The London Borough of Newham originally formed it to acquire and refurbish temporary accommodation. Homes are acquired and refurbished across London and Essex. Repairs, roofing, glazing and gas and electric heating are awarded as separate contracts. Kitchens and bathrooms, white goods and grounds maintenance are also tendered individually. Insurance has been tendered in lots, from property stock to directors and officers liability.

Over the past 5 years, most of Local Space's contract awards have been in repair and maintenance, construction work and architectural and engineering services.